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Stochastic RSI (STOCH RSI)

NZD/USD Exhausted And Going Down To Rest a Bit Or TwoNZD/USD is in a down trending channel and my bias is short (To take a look at the one related idea). Bases :Bias, Channel, Stochastic RSI SHORT SETUP IF price reaches 0.86962 THEN i will go short, and place my tp order at 0.86459, but sl order at 0.87151 ____________________ Signls IF This Stochastic RSI crosses the 80 oversold zone it will be a bearish signal. ____________________________________ Specifications R:R (ratio) 1.45 Time about 2h-7h Thank you all for viewing if you like my stuff and want more you can look at it follow me and like my ideas. And as always wish you to strike it lucky.
Short
by Wizard
2
Very Well Definded Bull TrendOkay, so this is not Bitcoin (har, har) but the reason I did this was I was curious as to what my other investments were doing. As it turns out there was a very clear trend channel that formed while I wasn't looking for I think 2 years (yeah, set and forget investment LOL). StochRSI divergence means there is going to soon be some type of break in the trend it will go down soon. ATR has typically been peaking when the prices peaks. The latest dip showed that as ATR went up price followed. The trend looks like it could continue but I expect StochRSI to go OS (OVERSOLD) in the next round. I didn't think about posting this chart but once I posted it on social media I saw that StochRSI and very clear divergence as well. Granted this won't get viewed at all but it amazes me how much slower things move in stocks and ETFs.
NASDAQ:VCLTShort
by ItisCalvin
Slowing downtrend (Keep things simple…)The fibonacci retracement is in place in order to show the price levels that this has followed on it's way back up from the initial dump and the overall downtrend. MACD Oscillators show that we're in the same position as the last big leg down. Stoch RSI confirms that, as well as the positioning of candles and the 50 SMA, and 10 EMA. The 50 SMA aligns with the downward trend line at this point, Buy volume is still light in comparison to sell volume. I believe we could see $350 before this turns around. Anything below $340 could mean for lower 200s by the fall. If you are long I believe you should sell here and buy back after the next drop.
BITSTAMP:BTCUSDShort
by dopebroker
2
Bearish for now...Overall most of the indicators point to the fact that we are not breaking the trend. There is SOME volume, but not volume the way we saw in the bubble. If anything it's volume that supports price stability around this range, however I think selling could be imminent. The same pattern of volatility has taken place all the way down the trend line in respect to the bollinger bands, however the bollinger bands have been shrinking and volatility is subsiding. This is a good thing and I believe it may lead to gradual growth. However, this may be like the last bubble in a sense that we may not see any strong movement from here for at least a year. (Great for adoption of bit coin which can drive the price over all) Stochastic RSI is overbought here. I believe this will drop to oversold before we start to make the slow run up. Average True Range is an interesting indicator for Bitcoin, as it seems that we're flattening out the way that things were pre-bubble, again somewhat supporting the theory that we're losing volatility. I'm not exactly sure how to address the MACD in relation to everything else. It supports upward movement, somewhat but not in the manner where you would want to call the bottom and make any type of swing trade. I'm short until the mid-400s, but as a miner I have every intent on seeing the market from a bullish perspective in the long term.
BITSTAMP:BTCUSDShort
by dopebroker
2